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The Asset Recovery and Management Agency (ARMA) is starting selling iron ore pellets of Russian origin. The total volume of pellets to be auctioned is 2389.55 tons. The starting price of the lot is 9.6 million UAH. The winner will also have to pay 2.4 million UAH of customs duties. The funds receives from the…
DetailsStandard and Poor’s (S&P) has assigned a BB- long-term foreign and local currency issuer credit ratings to Navoiuranium. The outlook is stable, mirroring that on the sovereign rating, since S&P does not expect to rate the company above Uzbekistan. Also, it forecasts production and margins to remain steady in the near term, as the company…
DetailsAccording to the State Customs Committee, in January-October Azerbaijan imported 854,051 tons of ferrous metals and relevant products worth $978.19 million, up by 16.3% and by 7.09% YoY respectively. The imports of ferrous metals and related products made up 5.88% of the nation’s total imports. Additionally, during this period, Azerbaijan exported 84,309 tons of ferrous…
DetailsIn January-October, Ukraine retained its 20th place in the global steel producers rating compiled by Worldsteel. Thus, Ukraine produced 6.49 million tons of steel, up by 25.7% YoY. Moreover, Ukraine increased pig iron manufacture by 21.9%, to 5.36 million tons, retaining its 13th position among 40 global manufacturers. (Ukrainian metal)
DetailsEntrepreneurs complain about the lack of wagons for coal export to Uzbekistan, MP Yrysbek Atazhanov has reported at a meeting of Mekenchil parliamentary group. According to him, representatives of Kyrgyz companies addressed the MPs. “They say that there is a lack of wagons. Create conditions for entrepreneurs. Taxes will be paid, jobs will be created.…
DetailsOn November 19, a major transaction involving shares of the Almalyk Mining and Metallurgical Complex (AGMK) took place on the Tashkent Stock Exchange. According to the exchange, 175,472,021 shares were sold during the transaction, accounting for 24.7% of the company’s total issued shares. Each share was sold at a price of 69,499 soums, which was…
DetailsKumtor Gold Company’s net profit exceeded $1,174 billion from 2021 to October 2024, the president of the closed joint-stock company Almazbek Baryktabasov announced. According to him, the company’s net profit in the 10th month of 2024 alone reached $266.9 million. Total revenue for the period from 2021 to October 2024 amounted to $3,394 billion: in…
DetailsIn January-September, Interpipe paid 3.99 billion UAH to budgets of all levels, up by 27% YoY. In particular, payments to the state budget amounted to 3.01 billion UAH (+25%), to local budgets – 506 million UAH (+36%) and the single social contribution was 475 million UAH (+31%). “Thanks to the export of value added products…
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